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Travelers Draws Wave of Bears as Stock Eyes Best Year Since 2000

The best year for Travelers Companies Inc. shares in more than 25 years has unleashed a bevy of downgrades as Wall Street bets that the stock’s gains have peaked.

The best year for Travelers Companies Inc. shares in more than 25 years has unleashed a bevy of downgrades as Wall Street bets that the stock’s gains have peaked.